NOTICE

NOTICE Town of Bramwell, WV 2015-2016 Fiscal Year LEVY ESTIMATE – BUDGET DOCUMENT STATE OF WEST VIRGINIA MUNICIPALITY OF BRAMWELL, WV In accordance with Code 11-8-14 as amended, Council estimates amounts necessary to be raised by levy of taxes for the current fiscal year. The amount due and will become due and collectible from every source during the fiscal year INCLUDING THE LEVY OF TAXES, is as follows: REVENUE SOURCE Unencumbered Balance (July 1) $ 12,500 Ad Valorem Taxes 22,434 Gas & Oil Severance Tax 500 Excise Tax on Utilities 18,200 Business & Occupation Tax 22,200 Fines, Fees & Court Costs 11,900 Licenses 500 Franchise Fees 4,000 IRP Fees 3,500 Municipal Service Fees & Penalties 15,500 Rents 100 Federal Grants 0 State Government Grants 10,000 Other Grants 3,500 Interest Earned 300 Gaming Income 6,300 WV Video Lottery 6,300 Miscellaneous Revenue 450 TOTAL ESTIMATED REVENUE (General Fund) $ 137,384 COAL SEVERANCE TAX FUND REVENUE SOURCE $600 Unencumbered Balance (July 1) 0 TOTAL ESTIMATED REVENUE (General Fund) $ 137,884 ESTIMATED CURRENT EXPENDITURES General Fund Coal Severance Fund Mayor’s Office $1,200 City Council 3,000 Recorder’s Office 600 Treasurer’s Office 600 City Clerk’s Office 22,364 Police Judge’s Office 600 City Attorney 1,600 Regional Dev. Authority 300 City Hall 38,090 Police Dept. 55,000 Streets Dept. 14,530 $ 600 TOTAL ESTIMATED EXPENDITURES $ 137,884 $ 600 LEVY PAGE – FISCAL YEAR 2014-2015 REGULAR CURRENT EXPENSE LEVY Entry: City of Bramwell WV Certificate of Valuation Levy Taxes Assessed Value of Tax Rate $100 Levied CLASS I Personal Property $ 0 12.39 $ 0 Public Utility 0 0 Total Class I $ 0 $ 0 CLASS II Real Estate $ 3,003,420 24.78 $ 7,442 Personal Property 5,100 13 Total Class II $ 3,008,520 $ 7,455 Class IV Real Estate $ 1,012,510 49.56 $ 5,018 Personal Property $ 403,833 $ 2,001 Public Utility $ 2,040,769 $ 10,114 Total Class IV $ 3,457,112 $ 17,133 TOTAL VALUE & Projected Revenue $ 6,465,633 $ 24,588 Less 112,113,239 5.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 1,129 Less 10{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} Tax Discounts 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} 467 Total Projected Collection $ 22,892 Less Assessor Valuation Fund (Subtracted from regular current Expense taxes levied only) 2.00{4ceb532c6f579389df471c6c1e832caf2346b74dc60fcbf6aabd4d29df3baf9c} $ 458 Net Amount to be Raised by Levy Of Property Taxes $ 22,434 STATE OF WEST VIRGINIA COUNTY OF MERCER MUNICIPALITY OF BRAMWELL I, George V. Sitler, Treasurer, do hereby certify the foregoing are true copies from the record of the orders made and entered by Council of the Municipality on the 13th day of April, 2015. George V. Sitler, Treasurer.